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SEED Act

12/30/2022, 3:34 AM

Congressional Summary of S 3424

Supporting Early-childhood Educators' Deductions Act or the SEED Act

This bill expands the tax deduction for the expenses of elementary and secondary school teachers to include early childhood educators.

Current Status of Bill S 3424

Bill S 3424 is currently in the status of Bill Introduced since December 16, 2021. Bill S 3424 was introduced during Congress 117 and was introduced to the Senate on December 16, 2021.  Bill S 3424's most recent activity was Read twice and referred to the Committee on Finance. as of December 16, 2021

Bipartisan Support of Bill S 3424

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
1
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3424

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 3424

SEED Act
SEED Act
Supporting Early-childhood Educators’ Deductions Act
A bill to amend the Internal Revenue Code of 1986 to allow early childhood educators to take the educator expense deduction, and for other purposes.

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